Klewel 2.0 | The Swiss venture leaders 2008 meet Y-combinator
At Klewel we love to help you save the knowledge and gain more visibility by webcasting your events online.
Klewel, Triskel, webcasting, platform webcast, filming, record, capture, publish, webinar, online audio, video, presentation, slides, PPT, PowerPoint, synchronize, prezzi, PDF, projection, projector, VGA, DVI event, congress, conference, seminar, symposium, lecture, session, talk, meeting, congress center, room, hotel, ballroom knowledge management, sharing, visibility, communication search, browse, engine, API, share, embed, integrate, website corporate communication, marketing, strategy, sales international, world, association, enterprise, PCO professional conference organizer, DMC destination management company ICCA MPI MSI meeting support institute education, training, blended learning, MOOCs, live streaming, SDI, YouTube, vimeo, broadcast, processing, TED OCR optical character recognition, ASR automatic speech recognition, Recommendation Access, content, multimedia, rich media, interactive, innovation, technology, service, product Swiss, Geneva
277
single,single-post,postid-277,single-format-standard,ajax_fade,page_not_loaded,,wpb-js-composer js-comp-ver-3.6.12,vc_responsive
 

Blog

The Swiss venture leaders 2008 meet Y-combinator

  |   technology, usa   |   2 Comments

Y-combinator is a very well known seed stage venture firm for any US IT entrepreneurs. With the Swiss venture leaders 2008 team, we met the two founders Paul Graham and Jessica Livingston at their head quarters in Boston last month. The first one is famous for his nice posts about start-ups as well as his early experience in the web development business (vieweb launched before hotmail!). The second one, Jessica Livingston, is the famous author of Founders at Work (2007), a book of interviews with startup founders. Yes the video quality is not great because we were just their as an informal meeting afternoon.

Sequence 1: introduction

Talking about weather in Silicon Valley versus weather in Boston area; the general dynamics for start-ups; traditional vs new start-up funding; ycombinator collects a lot of data about founder psychology: what is working, what is not. Discussion about investing in people rather in technology. Y combinator invests small amounts of money: 5000$ + 5000$ per founder.


Y combinator, introduction, Paul Graham, Jessica Livingston from Maël Guillemot on Vimeo.

Sequence 2:

The life for a start-up backed by Y combinator. Ycombinator invite speakers for new start-up entrepreneurs every months. Founders are much better speakers than lawyers. Paul’s suggestion: instead of taking care too much about legal forms, intellectual property and so on… his suggestion: Build the damn product! The most important thing: having a product that people like and uses. VCs like when you have a lot of users.
@3min10s: “Start-ups die of suicide, seriously”. Not because of a competitor. Competitors do not kill startups. When entrepreneurs ask him about company image, IP, trade show, patent search… no, make the damn product!


A meeting with Y combinator, , Paul Graham, Jessica Livingston from Maël Guillemot on Vimeo.

Sequence 3:

At the beginning, it is normal that a start-up is constantly on the edge of failure disasters, servers are broken, people tell you are amateurs… at the end: success or die. 1st year (until year 3): entrepreneur should expect disasters. Psychology of founders: Ups and Downs, disasters and then the next day: Super, following day: disaster. Competing product? do not worry! Real problems: if 2 co-founders squeeze then you need to talk and try to arrange things.
What about start-up communication, visiblity? For launching a start-up: techcrunch help to know in the early adopters community. Then blogosphere is very important today. Forget about PR firms (on in the 90’s).
Selection process of start-up @ Y combinator: gettin better in picking the right ones.
You need to be really committed, not only 3 months summer program. Dinner every month for the 3 1st months. Not much structure about Y combinator. As good investors, they will give good advices.


Y combinator, meeting, Paul Graham, Jessica Livingston (continue) from Maël Guillemot on Vimeo.

Sequence 4: conclusions.


Y combinator, meeting, Paul Graham, Jessica Livingston (last part) from Maël Guillemot on Vimeo.

2 Comments
  • Recent Links Tagged With "combinator" - JabberTags | Sep 15, 2008 at 2:04 pm

    […] Omnisio: YouTube gets even more interactive tools Saved by SolidusSephiroth27 on Sun 14-9-2008 The Swiss venture leaders 2008 meet Y-combinator Saved by mcheese on Sun 14-9-2008 Startup Ideas Y Combinator Would Like to Fund Saved by […]

  • Websites tagged "paulgraham" on Postsaver | Oct 25, 2008 at 6:47 am

    […] – The Swiss venture leaders 2008 meet Y-combinator saved by WhoseLinelsltAnyway2008-10-22 – The Internet Is A Picture Book saved by […]

Post A Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.